AI Powered Equity ETF (AIEQ)
AIEQ is an actively managed ETF by ETFMG. AIEQ launched on Oct 17, 2017 and has a 0.80% expense ratio.
ETF Info
| ISIN | US26924G8134 |
|---|---|
| CUSIP | 26924G813 |
| Issuer | ETFMG |
| Inception Date | Oct 17, 2017 |
| Region | North America (U.S.) |
| Category | Large Cap Growth Equities, Actively Managed |
| Index Tracked | No Index (Active) |
| ETF Home Page | etfmg.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Growth |
Expense Ratio
The AI Powered Equity ETF has a high expense ratio of 0.80%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in AI Powered Equity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: AIEQ vs. SPY, AIEQ vs. AIQ, AIEQ vs. BSGLX, AIEQ vs. VOO, AIEQ vs. SCHD, AIEQ vs. QQQ, AIEQ vs. ARKQ, AIEQ vs. SPGP, AIEQ vs. SMH, AIEQ vs. XT
Return
AI Powered Equity ETF had a return of 16.23% year-to-date (YTD) and 11.94% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.23% | 19.92% |
| 1 month | 9.44% | 5.06% |
| 6 months | 7.18% | 7.11% |
| 1 year | 11.94% | 16.17% |
| 5 years (annualized) | 8.05% | 11.84% |
| 10 years (annualized) | N/A | 9.85% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 7.41% | 7.55% | 6.70% | -6.25% | -5.15% | -4.01% | 9.04% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for AI Powered Equity ETF (AIEQ) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AIEQ AI Powered Equity ETF | 0.59 | ||||
^GSPC S&P 500 | 1.25 |
Dividend History
AI Powered Equity ETF granted a 1.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.37 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.03 | $0.74 | $0.14 | $0.17 | $1.99 | $0.04 |
Dividend yield | 1.14% | 0.11% | 1.76% | 0.39% | 0.60% | 9.11% | 0.14% |
Monthly Dividends
The table displays the monthly dividend distributions for AI Powered Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 |
| 2020 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2019 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.90 |
| 2017 | $0.04 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AI Powered Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AI Powered Equity ETF was 38.97%, occurring on May 4, 2023. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.97% | Nov 17, 2021 | 367 | May 4, 2023 | — | — | — |
| -34.56% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -25.64% | Aug 30, 2018 | 80 | Dec 24, 2018 | 226 | Nov 15, 2019 | 306 |
| -16.37% | Feb 16, 2021 | 61 | May 12, 2021 | 72 | Aug 24, 2021 | 133 |
| -10.11% | Sep 3, 2020 | 3 | Sep 8, 2020 | 24 | Oct 12, 2020 | 27 |
Volatility Chart
The current AI Powered Equity ETF volatility is 5.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.